ADVOCATOR ADVOKATFIRMA AS: årsregnskap 2017 vs 2016
Grew 15% on revenue
approved 2018-04-12; registry 2018-05-07; journal 2018 301435
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOCATOR ADVOKATFIRMA AS. Revenue 6.94m NOK → 8.01m NOK (+15.4%). Equity 487.9k NOK → 183.7k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOCATOR ADVOKATFIRMA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.94m NOK to 8.01m NOK (+15.4% YoY). Calculated
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↑
Cash rose
Bank deposits 1.07m NOK → 1.78m NOK (+66.4% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 487.9k NOK → 183.7k NOK (equity ratio 15.8% → 4.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 4.42m NOK → 4.82m NOK (64% → 60% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 141.7k NOK → 41.7k NOK. Reported fact